An oil-soluble fluorescent probe, undecyl pyrene (UDP), is used to measure the amount of coalescence that occurs during the emulsification of tri-2-ethylhexyl phosphate using a high-pressure homogenizer. From these measurements, the roles of anionic surfactant (SDS) and gelatin in stabilizing drops against coalescence and promoting drop rupture during emulsification are deduced. It is found that gelatin aids in reducing coalescence, whereas SDS aids in rupture of drops. The effect of variables such as gelatin MW, surfactant type, and pH on coalescence and final drop size is investigated.